December 5, 2023/FBNQuest Research The Central Bank of Nigeria’s (CBN) most recent monthly economic report shows that deposit money banks (DMB) total credit extension to the economy increased to NGN38.3bn in Jul ’23 from NGN37.5bn in the previous month. On a y/y basis, their credit lending to the economy grew […]
OPINION/EDITORIAL
Nigeria Records a Trade Surplus of N1.89trn in Q3 2023
December 5, 2023/CSL Research Based on a recent report from the National Bureau of Statistics (NBS), Nigeria recorded a trade surplus of N1.89trn in the third quarter of 2023, which is higher than the N1.25trn recorded in the preceding quarter. Total trade was N18.8tn, an increase of 54.66% and 53.16% […]
Leapfrogging Is Not the Quick Energy Fix the World Seems to Think It Will Be
December 4, 2023/AEC By NJ Ayuk, Executive Chairman, African Energy Chamber As the hottest year ever recorded draws to a close, climate change is passing from theory to reality and gaining ever-increasing urgency in statehouses around the world. Image Credit: AEC As the hottest year ever recorded draws to a […]
